Last checked at 26 Jul 2013 07:00
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Caracal Energy Inc. | |||||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||||
| An acquisition or disposal of voting rights | YES | |||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | NO | |||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | NO | |||||
| An event changing the breakdown of voting rights | NO | |||||
| Other (please specify): | NO | |||||
| 3. Full name of person(s) subject to the notification obligation: iii | Ingalls & Snyder LLC (“I&S”) | |||||
| 4. Full name of shareholder(s) (if different from 3.):iv | I&S, on behalf of its clients, has dispositive authority over (i.e. the power and authorization to sell at I&S’s discretion) 3,885,170 shares. I&S does not hold voting authority over these shares. | |||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | July 24, 2013 | |||||
| 6. Date on which issuer notified: | July 25, 2013 | |||||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | Interest in excess of 3% of issued share capital. | |||||
| 8. Notified details: | ||||||||||||||||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||||||||||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||||||||||||||||||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | ||||||||||||||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||||||||||||
| ISIN CA1407561077 | - | 3,885,170 | See note 4 above. I&S has dispositive authority over 3,885,170shares. | - | 3.36% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). | - | ||||||||||||||||||||||
| B: Qualifying Financial Instruments | ||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | ||||||||||||||||||||||||
| N/A | ||||||||||||||||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||||||||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||||||||||||||
| N/A | Nominal | Delta | ||||||||||||||||||||||||||
| Total (A+B+C) | ||||||||||||||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||||||||||||||
| 3,885,170 (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). | 3.36% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). | |||||||||||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||||
| N/A | ||||
| Proxy Voting: | ||||
| 10. Name of the proxy holder: | N/A | |||
| 11. Number of voting rights proxy holder will cease to hold: | N/A | |||
| 12. Date on which proxy holder will cease to hold voting rights: | N/A | |||
| 13. Additional information: | ||||
| 14. Contact name: | Frank Stolba | |||
| 15. Contact telephone number: | (001) (212) 269 - 7814 | |||
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